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10 Kroner - Haakon VII Government in exile, exchangenotes
| Issuer | Norges Bank |
|---|---|
| Year | 1942 |
| Type | Standard circulation banknote |
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| Obverse description | Purple and multicolour intaglio print on a guilloche underprint. The crowned royal arms of Norway are positioned at the top centre, flanked by the denomination numeral at left. A watermark window occupies the right portion of the note, with the authorization inscription running along the lower margin. |
|---|---|
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| Reverse description | Printed in golden-brown on a light guilloche ground, the reverse is dominated by a large crowned royal cipher of King Haakon VII set within a diamond-shaped guilloche vignette at centre. The numeral 10 appears to the right, and the denomination legend in large ornate lettering occupies the lower register. The printer's imprint reads WATERLOW & SONS LIMITED, LONDON along the bottom edge. |
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| Comments |
When Germany occupied Norway in April 1940, the government and royal family fled to London, where Norges Bank continued operating in exile. These 1942 notes were printed by Waterlow & Sons specifically for the Free Norwegian authorities — not for general circulation in occupied Norway, but as exchange instruments intended for use after liberation. The Allied invasion of Norway never materialized on its own terms; the notes were ultimately deployed following the German capitulation in May 1945.
The exile series is sometimes conflated with the regular pre-war Norges Bank issues. P#20A is distinct: the printing run was tightly controlled, and quantities were modest relative to the wartime domestic note production carried out under German supervision in Oslo.